This article analyzes the EEC Merger regulation case law and tries to assess the way in which contributions to economic progress (whether through cost reductions or through innovation) of mergers is taken into consideration by the EEC Commission. The case law is analyzed in relationship with the Williamson model of welfare losses due to the acquisition of monopoly power.
JENNY, F. (1993). EEC Merger Control : Economies as an Antitrust Defense or an Antitrust Attack. In: International Antitrust Law & Policy. Fordham Corporate Law Institute, pp. 591-604.